https://www.avient.com/sites/default/files/2021-02/2021-medical-devices-selection-guide.pdf
RIGID COMPONENTS: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
& MONITORING EQUIPMENT
(housings & covers, monitor bezels, body panels, handles, battery enclosures, access panels, wands, coils)
Rigid
Component
Materials compliant
with ISO 10993
& USP Class VI,
if required
UL approved
resins to meet
flammability
requirements
Housings with
toughness & good
impact resistance
Enclosures &
components that
withstand repeated
cleanings
High-flow materials
for components
with complex
designs
Copolyester, Polyester & PC/Polyester Blends
Copolyester Eastman Tritan™
(Copolyester)
High chemical resistance to a wide variety of hospital
disinfectants; excellent toughness and impact resistance after
disinfection; retains color and gloss after sterilization and
disinfection; does not contain BPA, BPS or halogens
Polybutylene
Terephthalate
(PBT)
DuPont™ Crastin® & Rynite® (FR-
PBT)
30% glass reinforced; flame retardant; good mold flow
and electrical properties; high strength, stiffness,
dimensional stability and heat resistance
Polyester
(PC/PET) &
Polybutylene
Terephthalate
(PC/PBT)
Covestro Makroblend®
(FR-PC/PET) & (FR-PC/PBT) Strength; toughness; chemical resistance; flame retardant
Covestro Makroblend®
(Non-FR PC/PBT)
Strength; toughness; chemical resistance;
limited biocompatibility
Trinseo EMERGE™
(FR-PC/PET)
Chemical resistance; ignition resistance;
limited biocompatibility
PA, PVC, PC & PMMA
Polyamide
(Nylon, PA)
Avient Trilliant™ XR
Radiation Shielding
(PA)
Radiation shielding; green alternative for lead
replacement; enhanced design freedom vs. lead;
available in hard and soft durometers
Arkema Rilsan® MED (PA11) &
Rilsamid® MED (PA12)
Chemical resistance; transparent and opaque;
easy processing; creep resistance; temperature resistance;
BPA-free; sterilizable by gamma, EtO and steam
Polyvinyl
Chloride
GEON Performance Solutions
Resilience™ HC (PVC)
Excellent chemical resistance; good strength and stiffness;
very good surface quality; inherently flame resistant;
available in all medical colors; excellent
solvent bonding to PVC
Polycarbonate
(PC) Trinseo EMERGE™ (PC) Ignition resistant; transparent and opaque;
glass-filled also available
PolyMethyl
Methacrylate
(PMMA)
Altuglas Plexiglas® Acrylics
(PMMA)
Clarity; easy processing; chemical resistance;
BPA free; ideal for light piping and lenses
Styrenics & FR-PC/ABS Blends
Styrenics
Trinseo MAGNUM™
(ABS)
Opaque; custom colors; excellent impact and flow;
low residuals; full biocompatibility
INEOS Styrolution
Terlux® HD
(MABS)
Good clarity; good heat and overall chemical resistance;
good impact strength; good solvent bonding to PVC;
outstanding surface quality
INEOS Styrolution
Lustran® & Novodur® HD (ABS)
Opaque appearance; outstanding chemical resistance;
high impact strength; excellent balance of properties;
ease of processability; bondable
FR-
Polycarbonate/
ABS
Covestro Bayblend®
Flame retardant; good impact resistance;
dimensional stability; toughness
Trinseo EMERGE™
Ignition resistant; limited biocompatibility; high flow;
easy processing; glass-filled also available
Flexible
Component
Solution Needs:
Comfortable
handles
& grips
Water-tight seals
Durable feet
or casters
Durable
keypads
Flow
control
TPE, TPC-ET, TPU, TPV & Flexible PVC
Thermoplastic
Avient Versaflex™ HC
Overmolding Series
Proven healthcare solutions with hardness ranges 42–65
Shore A; autoclave, radiation and EtO sterilizable;
bondable to many substrates; customizable haptics
Arkema Pebax® MED
Sterilizable by gamma and EtO; low energy return;
soft touch; chemical resistance; overmolding material
Thermoplastic
Polyester
DuPont™ Hytrel®
Wide range of flexibility, stiffness, and processing
options; Shore D between 30-82; BPA-free; excellent
flex fatigue and toughness; low temperature flexibility;
good chemical resistance
Thermoplastic
Polyurethane
Covestro Texin®
Biocompatible; soft touch; sterilizable; good chemical
resistance; overmold for grips and handles; excellent
bonding to polar substrates like PC; 70A to 95A
Thermoplastic
Vulcanizate
(TPV)
Avient Versalloy™
(TPV)
Proven healthcare solutions with hardness ranges 45–90
Shore A; autoclave, radiation and EtO sterilizable;
natural and colorable; smooth texture; bonds to PP
Exxon Mobil Santoprene™ (TPV) Durable sealing performance; elastic recovery; excellent
chemical resistance; compliance with medical standards
Flexible
Polyvinyl
Chloride
GEON Performance Solutions
Geon™ Flexible PVC
Engineered exclusively for the healthcare market; transparent
and opaque colors; radiopaque grades available; durometer
ranges from 55A to 40D; gamma and EtO sterilizable
Thermoset Silicone Elastomers
Thermoset
Silicone
Elastomers/
Liquid Silicone
Rubber
DuPont™ Liveo™
Silicone Elastomers (LSR)
Biocompatible; non-irritating and non-sensitization;
sterilizable; made without plasticizers, phthalates or latex
FLEXIBLE COMPONENTS: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
MONITORING EQUIPMENT
(o-rings, gaskets, wheels, soft touch grips/handles, keypads/displays, diaphragms, seals)
WIRE & CABLE: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
& MONITORING EQUIPMENT
(plug molding, heater cable insulation, flexible jacket, flexible cords, coil cords & cable)
Wire and Cable
Component
Solution Needs:
Materials compliant
with UL, RoHS,
REACH & WEEE, if
needed
Materials with
good chemical,
moisture & abrasion
resistance
Low smoke & non-
halogen materials
PVC
Polyvinyl
Chloride
GEON Performance Solutions
Geon™ Flexible PVC
Inherent flame resistance; halogen-free; excellent
chemical resistance; non-yellowing; proven safety record
in wire and cable applications; high temperature
grades available
TPE, TPC-ET, TPU & POE
Thermoplastic
Polyester
Arkema Pebax®
Flexibility; chemical resistance; easy processing;
abrasion resistance; low coefficient of friction
Thermoplastic
Polyester
Elastomers
(TPC-ET)
DuPont™ Hytrel®
REACH, RoHS and WEEE compliant; wide range of flexibility,
stiffness, and processing options; 30D-82D; BPA-free;
excellent flex fatigue and toughness; low temperature
flexibility; good chemical resistance
Thermoplastic
Polyurethane
Covestro Texin®
RoHs, WEEE, and REACH compliant; excellent memory
and recoil; abrasion resistance; Texin® Rx Series -
medical grade Polyether TPU – 70A to 80D
Polyolefin
Elastomer
(POE)
Avient ECCOH™
Non-halogenated flame retardant; high flexibility;
environmental stress cracking resistance (ESCR);
good electrical properties
PA
Polyamide
(Nylon, PA)
Arkema Rilsan®
(PA)
Chemical resistance; easy processing; abrasion resistance;
low coefficient of friction; dimensional stability
CUSTOM AVIENT SOLUTIONS FOR MEDICAL EQUIPMENT
Custom Solution Needs Avient™ Custom Solutions
Specialized materials to meet unique
application requirements
Avient Trilliant™ Healthcare products are a line
of customized solutions specific for regulated
medical devices; color branding expertise
FDA-registered pre-colored resins
and masterbatch options; color coding
for safety and brand recognition
Avient collaborates with key material suppliers
to provide FDA-approved pre-colored resins
Avient OnColor™ HC Plus offers customizable color
masterbatch solutions pre-certified for biocompatibility
using ISO 10993 and USP Class VI test protocol
Reduced growth of microbes
Avient WithStand™ additive technologies inhibit
growth of microbes that often cause odor,
staining and loss of mechanical properties
AVIENT DISTRIBUTION
Healthcare Supplier Line Card
You face a unique set of challenges when designing parts for the healthcare industry.
https://www.avient.com/sites/default/files/resources/POL%2520Credit%2520Suisse%2520IR%2520Presentation%2520w%2520non-GAAP%25209%252017%25202013.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
Platform sales and operating income (OI) 2006Y* 2008Y* 2010Y* 2012Y* 2012PF**
Global Specialty Engineered Materials Sales $ 345.3 $ 514.0 $ 517.4 $ 543.6 $ 773.0
Global Color, Additives and Inks Sales 531.8 554.3 527.4 703.5 828.5
Designed Structures and Solutions - - - - 850.6
Specialty Platform Sales $ 877.1 $ 1,068.3 $ 1,044.8 $ 1,247.1 $ 2,452.1
Performance Products and Solutions Sales 1,166.2 1,001.4 776.3 837.0 696.1
PolyOne Distribution Sales 732.8 796.7 911.9 1,030.3 1,030.3
Corporate and Eliminations (153.7) (127.7) (111.1) (121.8) (121.6)
Total Sales $ 2,622.4 $ 2,738.7 $ 2,621.9 $ 2,992.6 $ 4,056.9
Global Specialty Engineered Materials OI $ 3.9 $ 17.6 $ 49.7 $ 47.0 $ 47.7
Global Color, Additives and Inks OI 8.9 28.1 37.7 66.8 81.6
Designed Structures & Solutions OI - - - - 20.9
Specialty Platform OI $ 12.8 $ 45.7 $ 87.4 $ 113.8 $ 150.2
Performance Products and Solutions OI 64.2 31.3 54.0 74.9 37.4
PolyOne Distribution OI 19.2 28.1 42.0 66.0 66.0
Sunbelt Joint Venture OI 102.9 28.6 18.9 - -
Corporate and eliminations (4.6) (28.9) (32.5) (33.7) (40.0)
Special items in OI 39.1 (396.2) 4.8 (53.9) (53.9)
Operating income (loss) GAAP $ 233.6 $ (291.4) $ 174.6 $ 167.1 $ 159.7
Sunbelt equity income (107.0) (32.5) (23.1) - -
Special items in OI (39.1) 396.2 (4.8) 53.9 53.9
Operating income adjusted $ 87.5 $ 72.3 $ 146.7 $ 221.0 $ 213.6
Global Specialty Engineered Materials - OI % of sales
1.1%
3.4%
9.6% 8.6% 6.1%
Global Color, Additives and Inks - OI % of sales 1.7% 5.1% 7.1% 9.5% 9.8%
Designed Structures & Solutions – OI % of sales - - - - 2.5%
Specialty platform OI - % of sales 1.5% 4.3% 8.4% 9.1% 6.1%
PP&S operating OI - % of sales 5.5% 3.1% 7.0% 9.0% 5.4%
Distribution OI - % of sales 2.6% 3.5% 4.6% 6.4% 6.4%
PolyOne OI adjusted - % of sales 3.3% 2.6% 5.6% 7.4% 5.3%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
** Pro Forma results include Spartech and Glasforms acquisitions, Specialty Coatings reclass and exclude the Resin business assets.
*** Restated results to exclude the Resin business and to remove Specialty Coatings from the Performance Products and Solutions segment into
Global Color, Additives and Inks segment.
Average Debt Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Average
PolyOne Debt $ 705.8 $ 705.2 $ 706.9 $ 1,055.5 $ 1,031.2 $ 840.9
Average Equity Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Average
PolyOne shareholders’ equity $ 604.3 $ 629.3 $ 629.1 $ 871.8 $ 993.9 $ 745.7
Platform sales and operating income (OI) H1 2012*** H1 2013*** H1 2013****
Global Specialty Engineered Materials Sales $ 280.9 $ 352.0 $ 285.1
Global Color, Additives and Inks Sales 413.9 434.7 409.2
Designed Structures & Solutions Sales - 240.4 -
Specialty Platform Sales $ 694.8 $ 1,027.1 $694.3
Performance Products and Solutions Sales 336.0 336.7 317.5
PolyOne Distribution Sales 533.6 543.1 543.1
Corporate and Eliminations (62.3) (68.2) (68.2)
Total Sales $ 1,502.1 $ 1,838.7 $ 1,486.7
Global Specialty Engineered Materials OI $ 24.6 $ 32.5 $ 31.2
Global Color, Additives and Inks OI 44.0 54.7 52.0
Designed Structures & Solutions OI - 10.5 -
Specialty Platform OI $ 68.6 $ 97.7 $ 83.2
Performance Products and Solutions OI 19.3 27.5 25.7
PolyOne Distribution OI 33.4 33.1 33.1
Corporate and eliminations (20.3) (25.7) (20.3)
Special items in OI (20.3) (11.4) (20.3)
Operating income - GAAP $ 80.7 $ 121.2 $ 101.4
Special items in OI 20.3 11.4 20.3
Operating income adjusted $ 101.0 $ 132.6 $ 121.7
Global Specialty Engineered Materials - OI % of sales
8.8% 9.2% 10.9%
Global Color, Additives and Inks - OI % of sales 10.6% 12.6% 12.7%
Designed Structures & Solutions - OI % of sales - 4.4% -
Specialty platform - OI % of sales 9.9% 9.5% 12.0%
PP&S operating - OI % of sales 5.7% 8.2% 8.1%
Distribution OI - % of sales 6.3% 6.1% 6.1%
PolyOne OI adjusted - % of sales 6.7% 7.2% 8.2%
Reconciliation to Condensed Consolidated Balance Sheets H1 2013
Short-term debt and current portion of long-term debt $ 8.7
Long-term debt 1,022.5
Less cash and cash equivalents (392.4)
Specialty Platform Gross Margin Percentage 2006Y* Q2 2013****
Global Specialty Engineered Materials Sales $ 345.3 $ 143.5
Global Color, Additives and Inks Sales 531.8 207.5
Specialty Platform Sales $ 877.1 $ 351.0
Global Specialty Engineered Materials Gross Margin $ 41.6 $ 37.3
Global Color, Additives and Inks Gross Margin 83.6 71.8
Specialty Platform Gross Margin $ 125.2 $ 109.1
Specialty Platform Gross Margin Percentage 14.3% 31.1%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/products/polymer-additives/surface-modifier-additives/cesa-anti-block-slip-ls
The additive’s formulation improves the processing performance of the packaging, providing a reliable and user-friendly experience for both film manufactures' and packaging convertors.
https://www.avient.com/products/long-fiber-technology/long-fiber-solutions/performance-additives
Replace metal with thermoplastic for better tactile feel for end users (hot or cold)
https://www.avient.com/news/polyone’s-new-website-recognized-exceptional-customer-experience-kapost-top-50-b2b-brands-ranking
Kapost based its recognition of PolyOne on the “exceptional, customer-centric experience on PolyOne.com, which includes inspirational, educational content...that users can leverage to learn about their applications, industries and new ways to solve their materials-related challenges.”
https://www.avient.com/knowledge-base/article/taking-guesswork-out-laser-marking
Whether you need to protect your brand from counterfeiters, improve logistics management, or clearly identify products to simplify installation by end users, permanent marking can help you meet your goal.
https://www.avient.com/news/polyone-hires-john-midea-senior-vice-president-global-operations-and-process-improvement
Homepage
//
News Center
//
PolyOne Hires John Midea As Senior Vice President, Global Operations and Process Improvement
CLEVELAND - PolyOne Corporation (NYSE: POL), a premier provider of specialized polymer materials, services and solutions, today announced that John Midea has been hired as senior vice president, global operations and process improvement.
Midea will lead PolyOne’s award-winning global operational excellence initiatives, including manufacturing process improvement, environmental health and safety, global sourcing and logistics, Lean Six Sigma training and deployment, and integration of acquisitions.
https://www.avient.com/sites/default/files/resources/dB%2520June%2520Presentation%2520June%252012%25202013%2520%25282%2529.pdf
PolyOne Corporation Investor Day 2012
PolyOne Investor Presentation
Deutsche Bank 2013 Global Industrials and Basic
Materials Conference
June 12, 2013
• In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
Average Debt Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Average
PolyOne Debt $ 706.4 $ 705.8 $ 705.2 $ 706.9 $ 1055.5 $ 776.0
Average Equity Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Average
PolyOne shareholders’ equity $ 611.3 $ 604.3 $ 629.3 $ 629.1 $ 871.8 $ 669.2
Platform sales and operating income (OI) 2012Y* 2012PF** Q1 2013
Global Specialty Engineered Materials Sales $ 543.6 $ 773.0 $ 159.8
Global Color, Additives and Inks Sales 703.5 828.5 205.3
Designed Structures & Solutions -- 850.6 41.5
Specialty Platform Sales $ 1,247.1 2,452.1 406.6
Performance Products and Solutions Sales 837.0 696.1 159.7
PolyOne Distribution Sales 1,030.3 1,030.3 268.0
Corporate and Eliminations (121.8) (121.6) (33.2)
Total Sales $ 2,992.6 $ 4,056.9 $ 801.1
Global Specialty Engineered Materials OI $ 47.0 $ 47.7 $ 16.2
Global Color, Additives and Inks OI 66.8 81.6 24.1
Designed Structures & Solutions -- 20.9 1.9
Specialty Platform OI $ 113.8 $ 150.2 $ 42.2
Performance Products and Solutions OI 74.9 37.4 13.0
PolyOne Distribution OI 66.0 66.0 16.2
Corporate and eliminations (33.7) (40.0) (14.3)
Special items in OI (53.9) (53.9) (16.6)
Operating income - GAAP $ 167.1 $ 159.7 $ 40.5
Special items in OI 53.9 53.9 16.6
Operating income adjusted $ 221.0 $ 213.6 $ 57.1
Global Specialty Engineered Materials - OI % of
sales
8.6% 6.1% 10.1%
Global Color, Additives and Inks - OI % of sales 9.5% 9.8% 11.7%
Designed Structures & Solutions -- 2.5% 4.6%
Specialty platform OI % of sales 9.1% 6.1% 10.4%
PP&S operating OI % of sales 9.0% 5.4% 8.1%
Distribution OI % of sales 6.4% 6.4% 6.0%
PolyOne OI adjusted, % of sales 7.4% 5.3% 7.1%
PolyOne Investor Presentation�Deutsche Bank 2013 Global Industrials and Basic Materials Conference ��June 12, 2013�
Forward – Looking Statements
Use of Non GAAP Measures
Strategy and Execution Drive Results
Four Pillar Strategy
2013 Portfolio Transformation Highlights
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Proof of Performance & 2015 Goals
Innovation Drives Earnings Growth
Positioned for Strong Growth
First Quarter Financial Highlights
Debt Maturities & Liquidity Summary – 3/31/13
Use of Cash
Why Invest In PolyOne?
https://www.avient.com/knowledge-base/article/beginner-s-guide-tpe?rtype[]=1164
There's a lot of information swirling around the internet about thermoplastic elastomers (TPEs) and similar materials such as TPU, TPV, and silicone.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Wells%2520Fargo%252005%252008%25202014%2520w%2520non%2520GAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
Use of Non-GAAP Measures
Page 3
PolyOne Commodity to Specialty Transformation
• Volume driven,
commodity producer
• Heavily tied to cyclical
end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2014 2015 and beyond
• Steve Newlin
appointed, Chairman,
President and CEO
• New leadership team
appointed
• Implementation of
four pillar strategy
• Focus on value based
selling, investment in
commercial resources
and innovation to drive
transformation
• 18 consecutive
quarters of double-
digit adjusted EPS
growth
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Established aggressive
2015 targets
• Continue specialty
transformation
• Targeting $2.50
Adjusted EPS by 2015,
nearly double 2013
EPS
• Drive double digit
operating income and
adjusted EPS growth
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$39.28
April 4th, 2014
• 18 consecutive quarters of
double digit EPS growth
• 49% CAGR adjusted EPS
expansion 2006-2013
• 2013 stock price increased
73% versus 30% growth in the
S&P
• More than seven fold increase in
market cap: $0.5b $3.6b
Strategy and Execution Drive Results
Page 6
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
1.31
2.50
$0.00
$0.25
$0.50
$0.75
$1.00
$1.25
$1.50
$1.75
$2.00
$2.25
$2.50
2006 2007 2008 2009 2010 2011 2012 2013 2015
Target
Ad
ju
st
ed
E
ar
ni
ng
s P
er
S
ha
re
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
EPS
Page 7
PolyOne
At A Glance
United
States
67%
Europe
14%
Canada
7% Asia
6%
Latin
America
6%
Specialty
54%
PP&S
18%
Distribution
28%
Mix Shift Highlights Specialty Transformation
Page 8
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34% 43%
62% 64%
0%
20%
40%
80%
2005 2008 2010 2013 Q1 2014 2015
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $60M Target
2015
Target
Proof of Performance & 2015 Goals
Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials 1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions 5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 64% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42% Double Digit
Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement Several Levers to
Drive Growth
Mid single digit revenue CAGR
Innovation Drives Earnings Growth
$20.3
$52.3
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 11
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
42.0%
2006 Q1 2014
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 12
Unique and Innovative Solutions
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales,
marketing, and technical
capabilities
Investing in operational and
initiatives that drive
profitability growth
Manufacturing realignment
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million
shares in Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for repurchase
under the current
authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3
Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4
Designed Structures and Solutions - - - 33.4 11.2
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9
Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0
Distribution 19.5 28.1 42.0 63.3 17.2
SunBelt Joint venture 91.9 28.6 18.9 - -
Corporate (51.5) (425.1) (27.7) (82.4) (36.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4
Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1
Specialty platform operating mix percentage 2% 34% 43% 62% 64%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.